Wills, Living Wills and Trusts
Attorney Sherwood Wescott took to the airwaves this weekend, (4/29), as we discu
ssed Wills, Living Wills and Trusts. Do you have any of these? You can't lose by having each of them. We learned about the differences, the cost, and the contents of each. Did you know that Maryland Law requires certain things be included into each of them. Can you complete the appropriate paperwork on each of these? Sure you can. Should you? No you shouldn't. I should have asked Attorney Westcott if an individual cannot afford to obtain all three at or about the same time, how should they be prioritized? Based on our discussion I would guess, the Living Will, the Will and then the Trust. That's my guess --- but remember I'm not an attorney.
ssed Wills, Living Wills and Trusts. Do you have any of these? You can't lose by having each of them. We learned about the differences, the cost, and the contents of each. Did you know that Maryland Law requires certain things be included into each of them. Can you complete the appropriate paperwork on each of these? Sure you can. Should you? No you shouldn't. I should have asked Attorney Westcott if an individual cannot afford to obtain all three at or about the same time, how should they be prioritized? Based on our discussion I would guess, the Living Will, the Will and then the Trust. That's my guess --- but remember I'm not an attorney.
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